Monetary Policy Effectiveness in Kazakhstan: Results With a Small Macro Model

Volume/Issue: Volume 2025 Issue 173

Publication date: August 2025

ISBN: 9798229016988

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Inflation , Economics- Macroeconomics , Monetary policy effectiveness , SVARs , parametric restrictions , sign restrictions , G7 , Emerging Asia , Inflation persistence , Macroeconomic risks , Exchange rates , Inflation , Vector autoregression , Business cycles , Central bank policy rate , Supply shocks , Output gap , Structural vector autoregression

Also of interest

Public Investment Management Bottlenecks in Low-income Countries

Private Participation and its Discontents: Insights from Large-Scale Surveys

Central Bank Digital Currencies and Financial Stability: Balance Sheet Analys...

Demand for Ethanol Considering Spatially Differentiated Fuel Retailers

Summary

This paper assesses the effectiveness of monetary policy in Kazakhstan using a small macro model and identifies alternative plausible economic structures consistent with priors on the sign of responses of macro variables to structural shocks. Monetary policy effectiveness has increased over time.